By Olayayi Jack
THE Insurance Institute of Zimbabwe (IIZ) recently hosted its highly anticipated Annual Dinner at the Rainbow Towers in Harare, bringing together leaders, professionals, and key stakeholders from across the country’s insurance sector.
The event, held under the theme ‘Fostering a Culture of Innovation’, was a celebration of the industry’s achievements over the past year and
Staff Writer
Two corporate giants, TM Pick n Pay and CABS, donated a total of US$150,000 worth of cancer medicines to Mpilo Hospital, underscoring the collective effort in the fight against cancer in Zimbabwe.
TM Pick n Pay contributed US$100,000, while CABS provided an additional US$50,000, joining forces to make a significant and lasting impact on the lives of those affected by cancer.
This
Staff Writer
Banking unit, CABS, was recognised in two awards categories at the Banks and Banking Survey and Awards 2024, showing the bank’s commitment to ESG and its digitalisation drive.
CABS was the runner-up in both the Environmental, Social, and Governance (ESG) and Digital Innovation awards.
ESG has become a central focus for banks, driven by growing regulatory pressures, market demand,
Staff Writer
WAICA Reinsurance Corporation Plc (WAICA Re) has established AFIN Bank UK Limited, a wholly owned subsidiary in the United Kingdom, a strategic move that marks a significant step in WAICA Re’s mission to strengthen financial ties between Africa and international markets.
AFIN, short for “Africa Affinity,” embodies WAICA Re’s deep-rooted connection to the African
Gandy Gandidzanwa & Itai Mukadira
We asserted, in Part I of this two-part thought-piece, that the pension fund industry finds itself at a cross-road. That the options are many, though the right ones are few – and while they are known, they are unpopular. They require some painful sacrifices. They are no populist choices…. Let’s dig in … Restoration
Staff Writer
Old Mutual Zimbabwe has advised the termination of the Pensions Plus product saying the product has ceased to be on offer effective 31 December 2024.
In a notice to pensioners who acquired the product, Old Mutual Zimbabwe said regulatory approval was sought and granted for this change to be put into effect.
“Old Mutual Zimbabwe wishes to advise its valued pensioners who acquired a Pensions
Staff Writer
Waica re Zimbabwe Manager-Life Clementine Chinyuku has been elected the Insurance Institute of Zimbabwe (IIZ) president, taking over from Tatenda Katoma.
In her acceptance speech at the recently held conference, Chinyuku said more work needs to be done to bring insurance to the people but also relevant and meaningful products.
“Increasing insurance awareness can help demystify our industry
By GANDY GANDIDZANWA & ITAI MUKADIRA
The old adage, “no pain, no gain” is as honestly brutal as it is stubbornly unsettling. Many acknowledge it, while only a few embrace it – and our pension fund industry is no exception.
The old adage, “no pain, no gain” is as honestly brutal as it is stubbornly unsettling. Many acknowledge it, while only a few embrace it – and our pension
Staff Writer
AFC Insurance says it is targeting to grow market share through provision of inclusive products mainly through agriculture insurance.
The AFC insurance company started operations in 2022 after being granted a licence by the Insurance and Pensions Commission.
AFC Insurance managing director, Cuthbert Masukume in an interview during an insurance index payout event recently said the company
Staff writer
WAICA Re Zimbabwe has joined the representative body for all life insurance companies in Zimbabwe, the Life Offices Association.
As a leading reinsurer, Waica Re is expected to bring valuable expertise and insights to the life assurance community, increasing capacity and the pool of reliable securities available to the industry.
The development comes as the company has now established